The country's handicraft exports has surged 9% during December 2011, after reaching 32% in October. Reports suggest that the international shipments worth just $338 million due to the poor demand from US and also the European markets.
This data has been offered by the Export Promotion Council for Handicrafts (EPCH). Both US and European Union account for 70% of India's handicraft exports. The products that witnessed the maximum export growth has been wood-ware (90%), followed by shawls as art-ware (almost 30%) and imitation jewellery (22.5%).
To read more, click here: http://news.indiamart.com/story/indian-handicraft-exports-rose-9-dec-2011-153843.html
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